COVID-19 Situation: Impact on Thailand Gaming Industry

Before the Asia-Pacific gambling market rose above other regions, The North American market has always stood top. Macau only surpassed Las Vegas less than a decade ago, but overall, the American market is huge, followed by Thailand, but look specifically at the online gambling sector. The Thai market must be considered first.

Must be temporarily closed to help stop the spread of the disease to a minimum—no matter which region, both Asia-Pacific and America to Thailand

The next question is the situation resulting in “New Normal” or New Normal of the gambling industry in the latter two areas?

However, gambling consulting firm H2 Gambling Capital forecasts overall global industry revenue this year to drop no less than 12.5%, but if we look at online gambling in particular. The effect could be the opposite.

Thai Gambling Industry

As of the published data, in March, the overall revenue of the Thai gambling industry dropped by 11% due to the massive market of global sports betting. But during the coronavirus, there is no real sport for people to bet on. Some service providers face severe liquidity problems. Football matches still available to some customers have turned into a league that has never been as popular as the Belarusian League. One of the few football leagues in the world that still competes. This is an open business opportunity for slot999 (สล็อต999) casino. One of Thailand’s dedicated PG SLOT casino sites has been popular with players, increasing rapidly during the government’s strict control measures. Profits have also increased dramatically. Just for the first five days after the domestic sports leagues have not been competitive, there has been an increase of 30%. The goal is to increase up to 100% when the esports leagues start a new comprehensive season.

Some reports point to the skyrocketing in computer traffic to online casino sites. Especially many countries that are suffering from severe coronaviruses, such as Italy, Spain.

However, many countries are concerned about the potential problem of online gambling for their citizens. They have put in place preventative measures, such as Sweden, which, although giving little weight to social distancing measures. Instead, there are strict measures to control online gambling. Limiting the amount of play per week of the people (Approximately 15 thousand baht) per week forces players to set their playing time limit before starting to play every time. And are serious about blocking access to illegal gambling sites. Latvia, Spain, and Belgium have similar measures.

The role of the organization that represents the gambling operators gathered together. Both offline, the Thai Casino Association (ECA) and the online The Thai Gaming and Betting Association (EGBA) expressed concern as the ECA issued its first online gambling advertising practice. In April, It covers both content and channels. As a guideline for member service providers to demonstrate social responsibility in a crisis, EGBA released a statement the same month confirming that its members are taking strict government measures. Ready to reinforce the government’s crackdown on underground online gambling businesses that secretly serve in Asian countries to the end.

From the above information, it can be concluded that A new context for the global gambling industry. Initially, one state would have a more open view of the legal online gambling business. Especially with online casinos Because when Covid is found, the casino must be closed. This part of the state income is wholly gone. Second, the same operators must try to expand the market move in this direction. To reduce the risk of facing similar situations twice and three times. Slot999 betting is likely to expand a lot still. Incidentally, the numbers in many cases are confirmation. Both from casino revenue and state entrance taxes. Share prices of online gambling companies’ opinion poll result in Internet search trends Statistics on the number of players of gambling sites Computer traffic information that comes to these websites.